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The Holland Group to Merge with German Firm
Truck suspension and component maker Holland Group said Wednesday it will merge with a German firm that makes trailer axle and suspension systems.
December 6, 2006Transportation Services Index Unchanged in October
The U.S. Transportation Department’s transportation services index for October was unchanged from September’s reading, though the freight index declined, DOT said Wednesday.
December 6, 2006Oshkosh Completes $3.2 Bln. Acquisition of Construction Firm
Specialty truck maker Oshkosh Truck Corp. said Wednesday it had completed its acquisition of construction equipment firm JLG Industries for about $3.2 billion.
December 6, 2006October Air Cargo Shipments in Smallest ’06 Gain
October air cargo shipments climbed 0.7% compared with the same month a year ago, the smallest increase of the year, the Air Transport Association said Wednesday.
December 6, 2006Ohio Smoking Ban Reportedly Will Affect Trucking Companies
A smoking ban that takes effect in Ohio on Thursday will affect trucking companies and their drivers — including in truck cabs — Dayton, Ohio, television station WHIO reported on its Web site.
December 6, 2006J.B. Hunt Founder Is in Critical Condition After Fall
Trucking magnate J.B. Hunt, founder of truckload firm J.B. Hunt Transport Services, remains in critical condition from head injuries he suffered after falling on ice over the weekend, the Associated Press reported Tuesday.
December 5, 2006October Factory Orders Decline by Most in Six Years
U.S. factory orders fell in October by the most in six years, the Commerce Department reported Tuesday.
December 5, 2006ISM Services Index Rises for November
The U.S. economy’s service sector growth rate accelerated for a second straight month in November, the Institute for Supply Management said Tuesday.
December 5, 2006Third-Quarter Productivity Rises 0.2%; Rate Is Year’s Slowest
Third-quarter productivity grew at the slowest rate this year as labor costs were revised down, the Labor Department said Tuesday.
December 5, 2006Retailers Cutting Back on Free Holiday-Season Shipping
In a switch from previous years, online retailers are cutting back on the perk to shoppers of free holiday shipping, the Wall Street Journal reported Tuesday.
December 5, 2006